Examlex
Consider an electric utility that may use either coal or natural gas to generate electricity. Under which of the following conditions is co-firing equipment most valuable? Let ac be the annual standard deviation of coal prices, and let an be the annual standard deviation of natural gas prices and p the correlation between coal prices and natural gas prices.
Certain Knowledge
Knowledge that is absolutely sure, indubitable, and beyond any possibility of doubt.
Descartes
René Descartes, a French philosopher, mathematician, and scientist, known for his statement "Cogito, ergo sum" (I think, therefore I am).
Astronomical Theory
A scientific theory or set of principles that aims to explain phenomena observed in astronomy, such as the motions of celestial bodies or the evolution of the universe.
Sunset
The time in the evening when the sun disappears below the horizon.
Q1: Project financing is often designed to reduce
Q4: Briefly explain the restrictive covenants in a
Q10: Risk shifting,refusing to contribute equity,and playing for
Q13: A firm's return on assets is 12%
Q13: Very large bond issues that are marketed
Q24: Insurance companies have some advantages in bearing
Q25: The risk-neutral approach is an application of
Q26: "Mark to market" means that,each day,any profits
Q40: The relationship between the spot and futures
Q41: A problem with the percentage of sales